Russia Frozen Food Market Size & Outlook, 2023-2030
Russia frozen food market, 2018-2030 (US$M)
Related Markets
Russia frozen food market highlights
- The Russia frozen food market generated a revenue of USD 21,842.1 million in 2023 and is expected to reach USD 32,275.4 million by 2030.
- The Russia market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, frozen desserts was the largest revenue generating product in 2023.
- Fruits & Vegetables is the most lucrative product segment registering the fastest growth during the forecast period.
Frozen food market data book summary
| Market revenue in 2023 | USD 21,842.1 million |
| Market revenue in 2030 | USD 32,275.4 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Frozen desserts |
| Fastest growing segment | Fruits & Vegetables |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fruits & Vegetables, Potatoes, Ready Meals, Meat, Fish/Seafood, Frozen Desserts, Bakery Products |
| Key market players worldwide | Nestle SA, Unilever PLC ADR, General Mills Inc, Nomad Foods Ltd, Tyson Foods Inc Class A, Conagra Brands Inc, Wawona Frozen Foods, Bellisio Foods, Kellogg's, Kraft Foods Group |
Other key industry trends
- In terms of revenue, Russia accounted for 4.6% of the global frozen food market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK frozen food market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 32,679.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Frozen Food Market Scope
Frozen Food Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Russia frozen food market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to frozen food market will help companies and investors design strategic landscapes.
Frozen desserts was the largest segment with a revenue share of 22.9% in 2023. Horizon Databook has segmented the Russia frozen food market based on fruits & vegetables, potatoes, ready meals, meat, fish/seafood, frozen desserts, bakery products covering the revenue growth of each sub-segment from 2018 to 2030.
Russia's frozen food market has been witnessing a significant surge in demand for frozen meat and poultry products in recent years. This trend can be attributed to the growing popularity of frozen food among consumers, the premiumization of frozen food offerings, and the emergence of online grocery platforms catering to frozen food enthusiasts.
Another factor contributing to the growing demand for frozen meat and poultry products is the premiumization of frozen food offerings. In the past, frozen food was often associated with low-quality and unhealthy options. However, with advancements in technology and production techniques, frozen food manufacturers are now able to offer a wide range of premium and gourmet frozen products.
These products cater to the evolving tastes and preferences of consumers, who are now willing to pay a premium for high-quality frozen food. The growing demand for ready-to-eat or ready-to-cook processed foods is a crucial factor driving the market growth for these products in Russia.
Reasons to subscribe to Russia frozen food market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Russia frozen food market databook
-
Our clientele includes a mix of frozen food market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Russia frozen food market , including forecasts for subscribers. This country databook contains high-level insights into Russia frozen food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Russia frozen food market size, by product, 2018-2030 (US$M)
Russia Frozen Food Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
